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Bitcoin midday analysis: current price 1664
Near 1670 consolidation, target 1645-1630, stop loss 1680
The current rally pushed to 1693, then faced resistance and pulled back, with the overall momentum shifting from strong to weak.
Price rebound is suppressed by short-term moving averages, selling pressure above is gradually easing, and the bullish momentum from the recent surge is nearly exhausted, making it difficult to regain a stable range.
Although there is temporary support below, short-term resistance remains dominant, and indicator signals are gradually emerging, so trading should focus on rebounds toward resistance levels. #ETH